(1) The Board shall maintain such books of account and other books in relation to the account, in such form, and in such manner as may be prescribed.
(2) The accounts of the Board shall be audited, at such time and in such manner as may be prescribed, by a chartered accountant or by such person as the Government may appoint in this behalf.
(3) As soon as the accounts of the Board are audited, the Board shall send, in such manner as may be prescribed a copy thereof together with a copy of the report of the auditor relating thereto, to the Government.
24. The Board shall furnish to the Government such returns, accounts and other information with respect to its fund or its activities as the Government may require.
CHAPTER V MISCELLANEOUS.
25. All debts or expenditure incurred, all contracts entered into, and all matters and things done, by the State Khadi and Village Industries Board established under Annual Report.
Accounts and Audit.
Returns and Reports.
Transitional provisions.
[Act No. IV of 1959] 17 G.O.Ms.No.1216 Home (NES), dated the 19th July, 1954, upto the date of the establishment of the Board in accordance with the provisions of this Act shall be deemed to have been incurred, entered into or done by the Board, and all suits and legal proceedings instituted or which may be instituted by or against the State Khadi and Village Industries Board aforesaid shall be continued or instituted by or against the Board.
26. All members, officers and employees of the Board when acting or purporting to act in pursuance of any of the provisions of this Act shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code (Central Act 45 of 1860).